Hongkong Land (LON:HKLD) Stock Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Hongkong Land Holdings Limited (LON:HKLD – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 8.02 and traded as high as GBX 8.32. Hongkong Land shares last traded at GBX 8.32, with a volume of 1,200 shares.

Hongkong Land Stock Performance

The company has a current ratio of 1.70, a quick ratio of 0.65 and a debt-to-equity ratio of 20.55. The company has a market cap of £177.90 million, a P/E ratio of 0.08, a PEG ratio of 2.50 and a beta of 0.52. The business has a 50 day moving average price of GBX 8.33 and a 200-day moving average price of GBX 8.02.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta. The company also develops and sells residential properties.

Further Reading

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